Good morning. Woke up at 6:10. Did some cleaning around the house. (This is turning into a blog) Had my coffee. Did a quick screening. And here's what I've found so far. USDJPY long GBPJPY long GBPAUD confused (I managed to go short on that and got ...

AUDUSD journal

USDJPY short too off @8:30 UTC I of course missed the trade. I'm really tired this morning. Couldn't sleep well last night. Woke up late. Not trying to make up any excuse for not taking that trade. But I need to be confident, I will be confident and ...

AUDUSD journal

Couldn't have said it better.

Should I quit trading forex?

As for USDJPY I'm tilted towards a SELL I haven't got a signal 8:00UTC signals can be very rewarding in a sense that you get an early entry to a wave of trend continuation that starts when London opens. This is the time for an optimal entry as ...

AUDUSD journal

So here's my todays updated watch list 1. USDJPY 2. GBPAUD 3. EURAUD 4. GBPNZD 5. EURNZD EURAUD potential LONG (charts are EURAUD) GBPAUD potential LONG similarly GA is also holding onto 200EMA on 1h

AUDUSD journal

that's a bad I mean BAD idea. you're essentially gambling away that money. trading is no get rich quick scheme like often it's advertised. It is hard work and it takes a LOT OF time. If you want quick money aka try your luck I think you have a ...

Going all in on a trade

From tomorrow my watchlist will be reduced to 1. USDJPY 2. EURAUD 3. GBPAUD 4. EURNZD 5. GBPNZD 6. EURCAD 7. GBPCAD If I don't see any setups I'll add these (those are going be rare but just establish the rules) my main pairs are going to be mostly ...

AUDUSD journal

Back to desk for European markets open. Closed my USDJPY long before it hit TF. Opened EURAUD short on 1min chart in combination with 30m ,10m,15m and 5m but again closed it before it hit TF. So here's what I've concluded so far. It is possible to ...

AUDUSD journal

USDJPY SHORT My position is still going. But I zoomed down to 1min chart to check out for a better entry. And trying to figure out if I could have done it on 1min.

AUDUSD journal

I know I've said many times I wouldn't trade 1m charts or lower as they were really challenging and it was hard to navigate through the noise. The only way to trade lower TFs is to combine them with higher TF charts. The problem with was that I was ...

AUDUSD journal

Last word of advice for myself. Don't keep checking the charts every 10min thats a good way to close your winning position. Check your chart every 30min. Don't close positions manually you have your SL to do the job. And don't adjust your SL again.

AUDUSD journal

Let time work in your favour. Let time work in your favour. Let time work in your favour. If you keep closing positions you'll never get ahead. Sitting by the platform won't make any difference. You'll most likely close your position once its ...

AUDUSD journal

USDJPY in 0.05 lot SL: -6.26$ TF: 20$ 1:3 setup if everything goes well. Stick with your plan. Stick with your plan. I'll only have one position at any time. If this hits my SL I'll look for another opportunity. In the meantime I'll keep an eye on ...

AUDUSD journal

NZDJPY LONG As for NZDJPY I'm trading away from the 200EMA on 1h and 30m so it qualifies my main criteria. I've chosen NZDJPY over NZDCHF mainly because it was in an uptrend on 4h and yen pairs move faster and in greater range compared to franc ...

AUDUSD journal

USDJPY SHORT Diversion spotted on 30min, 1h and 4h. I am not trading away from the MA in this case. However like I mentioned there's diversion on all of these 3 major time frames and 4h specifically. I calculated my RR if it all goes well it's going ...

AUDUSD journal

2nd round Current setups: 1. USDJPY short 2. NZDJPY long

AUDUSD journal

Current setups: 1. EURUSD long 2. AUDUSD long 3. EURAUD short 50/50 4. GBPAUD short 50/50 5. USDJPY short 6. NZDJPY long 7. NZDCHF long

AUDUSD journal

Watchlist for today. I'll eliminate some for the 2nd round and choose the most eligible and with less risk and more reward. 1st round: 1. EURUSD long 2. AUDUSD long 3. EURAUD (short) 4. GBPAUD (Short) 5. AUDCAD long 6. CHFJPY long 7. GBPJPY short 8. ...

AUDUSD journal

Well I'm back again for a short while. Doing some analysis on trades I took today and problems I encountered. Here're trades I took today 1. EURAUD short 2. GBPAUD short 3. GBPCHF short 4. NZDCAD long I'm out from all trades. Its just a review ...

AUDUSD journal

30min SL is a little bit too much for my account size especially with 0.05 lot size and higher. So I'm going to be moving down to 10min with 0.05 lot from tomorrow morning. I would still have 15m 30m, 1h and 4h charts as a general guide before ...

AUDUSD journal